After a strong bullish continuation from the 4.90 – 5.00 demand zone, $UNI price faced rejection near the 5.30 – 5.35 resistance area. The impulsive move up has now shifted into a short-term pullback, with price failing to hold above 5.25, indicating temporary exhaustion from buyers. Current price action around 5.20 suggests a corrective move is in progress before any further directional decision.......

Short-term bias is bearish due to rejection from resistance. This looks like a healthy pullback within a broader structure, and downside targets remain active unless price reclaims the resistance zone strongly.

Trade Setup 📉

Entry Point: 5.18 – 5.25

Stop Loss: 5.35

Take Profit:

TP1: 5.05

TP2: 4.95

TP3: 4.85